Skip to main content

Nonprofit · EIN 62-1870279

RETIREE RESOURCE CORP

Tax-exempt · KNOXVILLE, TN 37902

Financials

$48.3M$48.2M2022$49.3M$49.2M2023$46.7M$46.6M2024
Revenue Expenses · by fiscal year end
Financials of RETIREE RESOURCE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$46,685,783$46,571,856$113,927$4,352,330$1,229,959$3,122,371
September 30, 2024990$49,332,828$49,229,824$103,004$4,238,958$1,230,514$3,008,444
September 30, 2023990$48,316,245$48,229,791$86,454$5,601,814$2,696,374$2,905,440
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$46,566,380
Investment income
$119,101
Other revenue
$302

Expenses

Grants and similar amounts paid
$931,600
Other salaries and wages
$39,619,357
Salaries, compensation and benefits (total)
$42,628,802
Professional fundraising fees
$0
Program services (functional)
$45,019,587
Management and general (functional)
$1,552,269

Balance sheet and other

Total assets, start of year
$4,238,958
Total assets, end of year
$4,352,330
Total liabilities, end of year
$1,229,959
Net assets, end of year
$3,122,371
Net assets without donor restrictions
$3,122,371
Gross receipts
$46,685,783
Employees
513
Volunteers
0
Year formed
2001
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DONALD BOYLESPROJECT MANAGER
Highest-paid employee
53$328,540$0$0
MARK GOFFPRODUCTION ENGINEER
Highest-paid employee
76$306,522$0$0
FRANK BARBERNEW SITE CONSTRUCTION MANA
Highest-paid employee
59$267,743$0$0
LAWRENCE NATHANADVISO
Highest-paid employee
53$267,036$0$0
KATHERINE BLACKPRESIDENT
Officer
15$0$206,716$46,250
DENISE SCHLOSSCFO
Officer
15$0$199,047$48,750
THOMAS NORTHERNMECHINCAL ENGINEER
Highest-paid employee
39$233,176$0$0
JOHN LAYNEMEMBER
Trustee or director
8$0$25,997$0
DEWITT BURLESONSECRETARY
Trustee or director, Officer
4$0$0$0
JOHN HOSKINSMEMBER
Trustee or director
4$0$0$0
RALPH RODGERSCHAIRMAN
Trustee or director, Officer
4$0$0$0
990 for the year ended September 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK GOFFPRODUCTION ENGINEER
Highest-paid employee
60$265,812$0$0
DENISE SCHLOSSCFO
Officer
15$0$189,278$45,000
KATHERINE BLACKPRESIDENT
Officer
15$0$189,000$45,000
VAN MILLERMAINTENANCE SPECIALIST
Highest-paid employee
60$233,956$0$0
AARON WEBBELECTRICAL ENGINEER
Highest-paid employee
60$226,795$0$0
FRANK BARBERNEW SITE CONSTRUCTION MANAGER
Highest-paid employee
60$223,973$0$0
THOMAS NORTHERNMECHINCAL ENGINEER
Highest-paid employee
60$220,926$0$0
JOHN HOSKINSMEMBER
Trustee or director
4$0$0$0
DEWITT BURLESONMEMBER
Trustee or director
4$0$0$0
JANET HERRIN RESIGNED 91224SECRETARY
Trustee or director, Officer
4$0$0$0
RALPH RODGERSCHAIRMAN
Trustee or director, Officer
4$0$0$0
LESLIE BAZZOONMEMBER
Trustee or director
4$0$0$0
990 for the year ended September 30, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEBBIE TRAVISMANAGER, MODIFICATIONS
Highest-paid employee
60$356,025$0$0
KENNETH CLAYTONNUCLEAR ENGINEERING SPECIALIST
Highest-paid employee
60$346,338$0$0
MICHAEL BLEVINSMANAGER
Highest-paid employee
60$340,254$0$0
THOMAS CARTERSENIOR PROJECT MANAGER
Highest-paid employee
60$250,650$0$0
THOMAS NORTHERNMECHINCAL ENGINEER
Highest-paid employee
60$239,260$0$0
JAMES RUSSELLFORMER PRESIDENT
Former
15$0$180,090$13,500
DENISE SCHLOSSCFO
Officer
20$0$153,669$13,500
KATHERINE BLACKPRESIDENT
Officer
15$0$74,439$13,500
JOHN HOSKINSMEMBER
Trustee or director
4$0$0$0
DEWITT BURLESONMEMBER
Trustee or director
4$0$0$0
JANET HERRINSECRETARY
Trustee or director, Officer
4$0$0$0
RALPH RODGERSCHAIRMAN
Trustee or director, Officer
4$0$0$0
LESLIE BAZZOONMEMBER
Trustee or director
4$0$0$0

Address and contacts

Address (IRS master file)
400 W SUMMIT HILL DR, KNOXVILLE, TN 37902-1401
In care of
% TVA
Principal officer (990 for 2024)
KATHERINE BLACK, 400 W SUMMIT HILL DRIVE, KNOXVILLE, TN 37902
Signed the 990
KATHERINE BLACK, PRESIDENT
Phone
(865) 632-8088
Website
MYBVI.ORG
Return prepared by
COULTER & JUSTUS PC

Mission

PROVIDES QUALIFIED PERSONNEL FOR STAFF AUGMENTATION TO SUPPLEMENT THE TENNESSEE VALLEY AUTHORITY'S (TVA) WORKFORCE REQUIREMENTS TO ASSIST TVA IN ACHIEVING ITS MISSION. ALSO PROVIDES FINANCIAL SUPPORT TO RELATED TAX-EXEMPT ORGANIZATIONS HAVING SHARED AND/OR COMPLEMENTARY CHARITABLE PURPOSES.

990 for the year ended September 30, 2025

Program accomplishments

  • RETIREE RESOURCES CORPORATION'S (RRC) PRIMARY PURPOSE IS TO AID AND SUPPORT THE TENNESSEE VALLEY AUTHORITY (TVA) IN ITS POWER AND ENERGY MISSION AS WELL AS ITS WATERSHED MANAGEMENT, PUBLIC RECREATION, ECONOMIC AND COMMUNITY DEVELOPMENT, ENERGY EDUCATION AND CONSERVATION, AND ENVIRONMENTALLY RESPONSIBLE USE AND DEVELOPMENT OF NATURAL RESOURCES. RRC DOES THIS BY PROVIDING WELL TRAINED PERSONNEL FOR SHORT-TERM STAFF AUGMENTATION TO SUPPLEMENT TVA'S WORKFORCE REQUIREMENTS. RRC EMPLOYEES ARE MADE UP OF FORMER TVA EMPLOYEES OR TVA RETIREES. RRC PROVIDES STAFF AT A COST EFFECTIVE RATE TO TVA, THEREBY LESSENING THE BURDEN OF GOVERNMENT. IN ADDITION, RRC IS INVOLVED IN PUBLIC OUTREACH EDUCATIONAL PROGRAMS IN CONJUNCTION WITH TVA. RRC ALSO SUPPORTS OTHER RELATED TAX-EXEMPT ORGANIZATIONS THAT PURSUE ACTIVITIES SIMILAR TO THOSE ENGAGED IN BY RRC.
    Expenses $45,019,587 · grants $931,600 · revenue $46,566,682

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
62-1870279
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,352,330
Income (IRS master file)
$46,685,783

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$46,685,783$46,571,856$4,352,330XML
990September 2024$49,332,828$49,229,824$4,238,958XML
990September 2023$48,316,245$48,229,791$5,601,814XML
990September 2022$47,977,024$47,682,870$5,525,624IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1870279).

Questions about RETIREE RESOURCE CORP

What is the EIN of RETIREE RESOURCE CORP?
The employer identification number (EIN) of RETIREE RESOURCE CORP is 62-1870279.
Is RETIREE RESOURCE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to RETIREE RESOURCE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RETIREE RESOURCE CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RETIREE RESOURCE CORP due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RETIREE RESOURCE CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RETIREE RESOURCE CORP?
The 990 for the year ended September 30, 2025 names KATHERINE BLACK.
Who are the officers and directors of RETIREE RESOURCE CORP?
The 990 for the year ended September 30, 2025 lists 11 people; 5 received compensation from the organization, the highest $328,540 (DONALD BOYLES, PROJECT MANAGER).
How much revenue does RETIREE RESOURCE CORP have?
On its 990 for the year ended September 30, 2025 it reported revenue of $46,685,783, expenses of $46,571,856 and total assets of $4,352,330 at year end.

Other nonprofits in KNOXVILLE

All nonprofits in KNOXVILLE · Tennessee · Public safety, disaster preparedness and relief